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  • BTC Dominance: 56.56%

UBS

ubs-warns-of-further-us-dollar-decline,-advises-investors-to-reduce-usd-holdings

UBS Warns of Further US Dollar Decline, Advises Investors to Reduce USD holdings

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Financial giant UBS expects the U.S. dollar to continue to depreciate, advising investors to reevaluate their portfolios. The bank predicts a medium-term decline due to shrinking interest rate advantages and a growing fiscal deficit. With the dollar down 5% since June, UBS recommends strategies like currency hedging and diversifying into other currencies and assets like […]

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UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’

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UBS remains optimistic about gold’s potential, despite its current record highs. The Swiss investment bank highlights key factors, including the Federal Reserve’s rate cuts and global geopolitical tensions that are boosting demand for gold as a safe-haven asset. UBS also notes that central bank purchases and investor inflows into gold ETFs are sustaining the metal’s

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UBS Expects Higher Gold Prices as US Dollar Weakens — ‘Gold’s Rally Has Further to Run’

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Global investment bank UBS predicts continued pressure on the U.S. dollar and further gold price increases. “We expect the U.S. dollar to stay under pressure as yield differentials narrow,” UBS explained, adding: “Gold’s rally has further to run.” UBS highlighted that gold has gained over 24% this year, driven by increased investment demand, and expects

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UBS Rates Gold as Most Preferred Geopolitical Hedge and Portfolio Diversifier

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UBS sees gold as an attractive geopolitical hedge and portfolio diversifier, rating the metal as most preferred in its investment lessons for the second half of the year report. The bank highlights strong market performance driven by AI investment and recommends diversified portfolios across various assets, regions, and sectors to navigate political and economic uncertainties.

UBS Rates Gold as Most Preferred Geopolitical Hedge and Portfolio Diversifier Read More »

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UBS Recommends Buying Gold Dips Amid Economic Uncertainty

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The UBS editorial team, comprising financial analysts and economists at UBS, a prominent global financial services firm, recommends purchasing gold during price dips rather than selling. Recently, gold prices fell by over $80 per ounce due to strong U.S. payroll and earnings data, coupled with a rise in the 10-year U.S. Treasury yield and the

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Systemic Swiss Banks Not Ready for Crisis, Regulator Says

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Switzerland’s financial regulator is not satisfied with the emergency plans of two of the Alpine nation’s five major banks. The assessment refers to a period prior to the rescue of Credit Suisse by UBS when the authority viewed the troubled giant’s preparedness in positive terms. 2 Swiss Banks Unable to Implement Recovery Plans, Finma Finds

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Credit Suisse, UBS, Other Banks Facing Russia Sanctions Probe in US, Report

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Switzerland’s troubled Credit Suisse and its rescuer, USB, are subject to an investigation into whether bankers helped Russian oligarchs evade Western sanctions, according to a media report. Some major U.S. banking institutions are also under scrutiny within the probe initiated by the Justice Department, sources say. Credit Suisse, US Banks Investigated for Suspected Sanctions Violations

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Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking Crisis

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On Sunday evening, March 19, 2023, at 5:00 p.m. Eastern Time, the U.S. Federal Reserve, along with several central banks including the Bank of England, Bank of Canada, Bank of Japan, the European Central Bank, and the Swiss National Bank, announced a coordinated action to enhance the provision of liquidity via the standing U.S. dollar

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UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal

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After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit Suisse. According to unnamed sources familiar with the

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UBS Strategists Predict Minimal Impact of Upcoming Mt Gox Payouts on Bitcoin Value

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A recent report published by market strategists from the investment bank and financial services company UBS says that the upcoming Mt Gox payouts won’t destabilize bitcoin’s value. While a new supply will come to the market, UBS strategists insist that “it would be less concentrated.” UBS Market Strategists Believe Mt Gox Payouts Won’t Destabilize Bitcoin’s

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